Tip No. 4: Do not talk geopolitical risks
Many of the economists who often use the term "geopolitical risk" fall silent when they're asked what it really means. Most of them use the term unqualifiedly but cannot define it. Of course they can't because it is impossible to do it. Users of the term are only admitting that they are ignorant.
Geopolitics is the study of security threats against or strategic advantages of a nation or a region taking into account of their geological features, meaning mountains, rivers, seas and islands, as well as of their military history. If you expect a simple formula or equation to understand geopolitics, you are mistaken.